100 SOUTH POINTE, RANTOUL IL 61866 Photo 1 100 SOUTH POINTE, RANTOUL IL 61866 Photo 2 100 SOUTH POINTE, RANTOUL IL 61866 Photo 3 100 SOUTH POINTE, RANTOUL IL 61866 Photo 4 100 SOUTH POINTE, RANTOUL IL 61866 Photo 5 100 SOUTH POINTE, RANTOUL IL 61866 Photo 6 100 SOUTH POINTE, RANTOUL IL 61866 Photo 7 100 SOUTH POINTE, RANTOUL IL 61866 Photo 8 100 SOUTH POINTE, RANTOUL IL 61866 Photo 9 100 SOUTH POINTE, RANTOUL IL 61866 Photo 10 100 SOUTH POINTE, RANTOUL IL 61866 Photo 11 100 SOUTH POINTE, RANTOUL IL 61866 Photo 12 100 SOUTH POINTE, RANTOUL IL 61866 Photo 13 100 SOUTH POINTE, RANTOUL IL 61866 Photo 14 100 SOUTH POINTE, RANTOUL IL 61866 Photo 15 100 SOUTH POINTE, RANTOUL IL 61866 Photo 16 100 SOUTH POINTE, RANTOUL IL 61866 Photo 17 100 SOUTH POINTE, RANTOUL IL 61866 Photo 18 100 SOUTH POINTE, RANTOUL IL 61866 Photo 19 100 SOUTH POINTE, RANTOUL IL 61866 Photo 20
Listing Courtesy of Re/Max Realty Associates-Cha

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100 SOUTH POINTE - Investment 236 unit package, turn-key operation w/excellent numbers & cash-flow. Well ran operation, 96 percent leased, offered at an attractive 4.94 G.R.M. at package price, ave of 39,990/unit. Regional draw w/ larger units & open commons space, 11 miles from Champaign-Urbana. Solid built buildings, well maintained, park-like open commons spaces. Good operation ran well by the same ownership for about 20 years. Fully staffed, on-site leasing office, maintenance, equipment, vehicles, brick storage/maintenance buildings, etc. Mix of both townhouse style units & zero-lot-line/duplex tri-levels w/full featured kitchens, laundry hook-ups & lots of space. Excellent location in the South Pointe Commons neighborhood close to newer town pool & water-park, Village Class-A Insp-dept rating.

Listing information

  • MLS® ID: 09491412
  • Status: Active
  • New Construction: No
  • Lot Size: 70
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • County: Champaign
  • Year Built: 1965
  • Parking Type Description: None 0 cars
  • Lot Area: 70.00

Features

Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Franchisor Feed(y/n) No
Heat/Ventilation Forced Air
Information Listing Agent Must Accompany, Show-Call Listing Office
Other # Of Units - 236, Electricity Expense - 1, Fuel Expense - 1, Gross Rent Multiplier - 4.94, Gross Rental Income $ - 1, Insurance Expense - 1, Janitor Expense - 1, Net Oper Income $ - 1, Other Expenses - 1, Repairs-Decor Expense - 1, Scavenger Expense - 1, Tax Year - 2015, Total Annual Exp - 1, Total Annual Income - 1, Total Monthly Income - 1, Township - Rantoul, Water Expense - 1, Zoning Type - Multi
Property Type Multi Family 5+
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Condo/Townhouse, Courtyard, Other
Listing Courtesy of Re/Max Realty Associates-Cha